1261 Porter StAllenTX75013
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Allen at 1261 Porter St, Allen, TX, 75013 offers $4,738/mo rent that, after a $3,137/mo payment, leaves $180/mo cash flow. Total monthly income is $4,738/mo, and annual cash flow is $2,162/yr on $210,882 cash. Return on cash invested measures 21.09% in year one, and rental yield stands at 8.87% at a $640,980 entry. Equity gained on principal adds $4,136/yr while 5% annual appreciation compounds into $177,091 by year five. Five-year ROI records 110.35% and total cumulative return in cash reaches $232,706. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,738/mo property income versus a $3,137/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,406 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75013, Allen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,738 (100%) |
| Owner Occupied HU | 12,605 (58.0%) |
| Renter Occupied HU | 7,807 (35.9%) |
| Vacant Housing Units | 1,326 ( 6.1%) |
| Median Home Value | $657,310 |
| Average Home Value | $697,117 |
Housing Distribution
Address Breakdown
Residential
20,972
Single Family
13,971
Multi-Family
7,001
Businesses
2,119
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